Locations
Image created by ChatGPT
By Maxwell Gomera
Imagine this: we live in an age of artificial intelligence, space travel, and self-driving cars. Yet, in the heart of Rwanda, Marie Jose, a single mother of four, walks 10 kilometers each day in search of firewood. If she finds nothing, her children go hungry. This is not just a story of hardship—it is a symbol of the outdated systems that still govern too many lives.
At the Africa Green Business Summit in Cape Town, one message was clear: Africa’s future cannot be built on borrowed solutions, outdated economic models, or an extractive past. Our continent has the resources, the ingenuity, and the drive to lead the global green economy—but only if we own our future, build industries that solve real problems, and close the gap between innovation and inclusion.
Two Transitions That Will Shape Africa’s Future
The world is moving fast. Economies of the future will not be those that merely adapt to change, but those that lead it. Africa must navigate two critical transitions:
1. From 20th-century economies to 21st-century solutions
The days of fossil-fueled, extractive growth are over. The green economy is not just about reducing emissions—it is about creating industries that work for Africa, from clean energy to AI-powered finance.
2. From privilege to shared prosperity
A sustainable future must work for all, not just the few. We cannot build a green economy while leaving half of Africa behind. The transition must uplift small businesses, informal traders, and those at the margins of financial systems.
Africa’s Green Economy Must Solve Real Problems
The shift to a green economy is not just about climate action—it is about people, dignity, and economic justice. Here’s how we bridge the gap:
Fixing finance: Traditional banking excludes millions. We must unlock diaspora investment, green bonds, and alternative credit models that fund local entrepreneurs.
Investing in solutions that work for Africa: Solar-powered cooling for township businesses. Affordable electric motorcycles for transport. Clean cooking energy for families like Marie Jose’s. Sustainability must be profitable and inclusive.
Changing the way we measure risk: Small businesses in African cities generate billions in economic activity, yet financial systems label them ‘too risky.’ AI and alternative credit data can unlock financing for entrepreneurs who would otherwise be shut out.
What Comes Next for Africa?
Years ago, my father worked in a Zimbabwean mining town. He would come home covered in dust, knowing the mines would not last forever. One night, he asked my mother:
“What comes next for us?”
That is the question before us now. What comes next for Africa?
Do we remain exporters of raw materials and importers of finished products? Or do we become creators, innovators, and leaders of the green economy?
The future is not waiting for us to decide. It is being built right now. The choices we make today will determine whether Africa owns its future—or continues waiting for others to shape it.
It is time to step forward, claim our space, and build an Africa that powers its own prosperity.
